Question: i need the answer with steps for this question please! 9 points Save Answer Zietlow Corporation has 2.1 million shares of common stock outstanding with

i need the answer with steps for this question please!
i need the answer with steps for this question please! 9 points

9 points Save Answer Zietlow Corporation has 2.1 million shares of common stock outstanding with a book value per shate of 455 with a recent divided of 45 The firm's capital also includes 29000 shares of 6.2% preferred stock outstanding with a par value of 100 and the firms debt include 2250 6.5 percent quarterly bonds outstanding with 25 years maturity issued five years ago. The current trading price of the preferred stock and bonds are 100% of its par value and comomon stock trades for 255 with a constant growth rate of 6%. The bota of the stock is 1.13 and the market risk premium is 7%. Calculate the after tax Weighted Avergae Cost of Capital of the firm assuming a tax rate of 30% (Must show the steps of calculation) For the toolbar, press ALT+F10 (PC) or ALT-FN-F10 (Mac)

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